Natural Gas in Q1 RRG and Ready for 8.17 / 8.9 In Q1 RRG and Shunted for a ride!
Crude Oil approaching Reversal Area 10000-9000 . Be Cautious.
Fundamental Development Oil prices fell by more than $1 on Tuesday as concerns over a possible recession and China's COVID-19 curbs outweighed an expectation of tight global supply and a pick-up in fuel demand with the U.S. summer driving season. Brent crude futures for July fell $1.34, or 1.2%, to $112.08 a barrel. U.S. West Texas Intermediate (WTI) crude futures...
Fundamental Development Oil was up on Monday morning in Asia as the upcoming U.S. peak driving season could see higher fuel demand. Brent oil futures gained 0.63% to $110.71 and crude oil WTI futures jumped 0.54% to $110.88. A weakening dollar also gave the black liquid a boost because that makes crude cheaper for buyers holding other currencies. However, gains...
Brent oil prices managed to bounce off the crucial SMAs and 61.8% Fibonacci retracement of the late February to early March rally, despite posting meager weekly gains. Firmer RSI and the higher-low formation since April also keep the black gold on the bull’s radar. However, the upside bias needs validation from a two-month-old horizontal hurdle surrounding...
Fundamental Development Oil was down on Friday morning in Asia, but little changed as concerns about weaker economic growth eclipse expectations of a demand rebound in China. Brent oil futures fell 0.72% to $111.23. WTI futures fell 0.99% to $108.80 on its last day as the front-month, with futures for July down about 0.6% to $109.20. WTI futures are now set to...
Fundamental Development After hitting seven-week highs, oil prices slumped 2% on Tuesday as Reuters reported that the United States could ease some restrictions on Venezuela's government, raising hopes that the market could see some additional supplies. Prices also fell after Federal Reserve Chairman Jerome Powell warned the economy could hurt by attempts to...
Crude oil again at major resistance 115. It may again correct from here.
Crude Oil is Forming Inside Candle on Daily Time Frame , if it will not break yesterday's high then we will think to buy tomorrow on above 8914
Fundamental Development Oil was down on Tuesday morning in Asia, opening lower earlier in the session. The European Union's move to enact a ban on Russian oil imports, which would tighten global supplies, ran into opposition from member country Hungary. Brent oil futures edged down 0.18% to $114.03 and WTI futures edged down 0.20% to $111.60. Shanghai set out...
On Daily time frame crude is on Crucial levels if crude make a small red candle/inside candle then we will long for expected targets 9100 9200 9300+
Hello, crudeoil fut swing trade buy above: 8,400 stoploss: 8,085 target: 10,000. LOGIC BEHIND TRADE: Crudeoil has formed W p8attern on 1d chart & given breakout of resistance pull back buying strategy, (target identified from harmonic xabcd level 1.618) stoploss is taken low of resistance candle. Above 8,400 crudeoil if sustains can go upto all time high. MCX:CRUDEOIL1!
Oil was down on Monday morning in Asia, the European Union (EU)’s impending ban on Russian crude imports is driving global supply fears. Brent oil futures dropped 2.18% to $109.12 and WTI futures fell 2.04% to $106.41. Both Brent and WTI benchmarks, which jumped about 4% during the previous Friday, increased by more than $1 a barrel earlier in the session, with...
Tradermabs Nifty Analysis for Monday the 16th of May 2022
as nasdaq rebound in last trading session from 50% retracement point, probability of india index to erase 15300 325 mark dots
Fundamental Development Oil prices dropped more than 1% on Thursday in a volatile week as economic concerns and recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe. Brent crude futures slipped $1.25, or 1.2%, to $106.26 a barrel. WTI crude futures fell $1.24, or 1.2%, to $104.47 a barrel. U.S. headline...
buy on dips for the target of 9.525 any dip will be the buy opportunity and support will be treated as a stoploss as of now keep the position light
Crude oil may rally soon . Getting out of triangle soon. No advice to buy or sell .